Novavax (NVAX) Inventory Average (2022 - 2026)
Novavax's (NVAX) quarterly Inventory Average came in at $11.5 million in Q1 2026, up 20.99% year-on-year from $9.5 million in Q1 2025, and down 8.19% quarter-over-quarter from $12.5 million in Q4 2025.
Novavax (NVAX) Inventory Average (2022 - 2026) Analysis & Trends
Novavax's Inventory Average history runs 5 years deep, the most recent figure standing at $11.5 million for Q1 2026.
- On a quarterly basis, Inventory Average rose 20.99% year-over-year to $11.5 million in Q1 2026; TTM through Mar 2026 was $11.5 million, a 20.99% increase from a year earlier, with the FY2025 full-year figure at $10.1 million, down 59.77% from the prior year.
- Inventory Average slipped to $11.5 million in Q1 2026 per NVAX's latest filing, from $12.5 million in the prior quarter.
- Across five years, Inventory Average topped out at $181.5 million in Q2 2022 and bottomed at $8.7 million in Q4 2024.
- The 5-year median for Inventory Average is $28.7 million (2024), against an average of $44.1 million.
- Across the five-year window, Inventory Average sank 84.38% in 2024 and surged 44.11% in 2025, its largest moves.
- Year by year, Inventory Average stood at $59.6 million in 2022, then declined by 6.57% to $55.6 million in 2023, then sank by 84.38% to $8.7 million in 2024, then jumped by 44.11% to $12.5 million in 2025, then fell by 8.19% to $11.5 million in 2026.
- Per Business Quant, the three latest NVAX Inventory Average figures stand at $11.5 million (Q1 2026), $12.5 million (Q4 2025), and $11.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 644.91 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.73 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 3.15 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Novavax | 788.01 Mn | -2.33 Mn | 108.82 Mn | 11.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.50 Mn |
| Dec 31, 2025 | 12.53 Mn |
| Sep 30, 2025 | 11.88 Mn |
| Jun 30, 2025 | 10.25 Mn |
| Mar 31, 2025 | 9.51 Mn |
| Dec 31, 2024 | 8.69 Mn |
| Sep 30, 2024 | 8.91 Mn |
| Jun 30, 2024 | 12.48 Mn |
| Mar 31, 2024 | 28.74 Mn |
| Dec 31, 2023 | 55.64 Mn |
| Sep 30, 2023 | 46.54 Mn |
| Jun 30, 2023 | 28.84 Mn |
| Mar 31, 2023 | 35.43 Mn |
| Dec 31, 2022 | 59.56 Mn |
| Sep 30, 2022 | 169.37 Mn |
| Jun 30, 2022 | 181.47 Mn |
| Mar 31, 2022 | 57.76 Mn |